Product Price Trends For Building Materials

National Association of Home Builders economist Robert Denk takes a look at the latest Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for February, staying on guard for signs of inflation creeping into what builders need to manage as they convert their backlogs of sold homes.

Everybody knows, those conversions–from orders to profitable deliveries–are the all-critical deciding factor on who’s going to have more cash to reinvest into needed lot pipelines or not, so Denk’s read on materials price trends is significant in how benign that front looks. Denk writes…read more